Attached files
file | filename |
---|---|
EX-10.1 - EX-10.1 - Owl Rock Capital Corp | d537419dex101.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 3, 2018 (January 2, 2018)
Owl Rock Capital Corporation
(Exact name of registrant as specified in its charter)
Maryland | 814-01190 | 47-5402460 | ||
(State or other jurisdiction of incorporation) |
(Commission File No.) | (I.R.S. Employer Identification No.) |
245 Park Avenue 41St Floor New York, New York |
10167 | |||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (212) 419-3000
Not Applicable |
||||
(Former name or address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01. | Entry into a Material Definitive Agreement |
On January 2, 2018, Owl Rock Capital Corporation (the Company) entered into an agreement with Comerica Bank (Comerica) pursuant to which Comerica agreed to provide a $50 million commitment through the accordion feature in the Companys subscription credit facility, dated August 1, 2016 (as amended by that certain first amendment to the revolving credit agreement, dated as of November 2, 2017 (the Amendment) and as further amended as of the date hereof, the Facility). Upon Comericas commitment there was an automatic $50 million reduction of the commitment of Wells Fargo Bank, National Association (Wells Fargo) and, as a result, the aggregate commitments under the Facility remain at $900 million. There were no other amendments to the terms of the Facility.
The foregoing is only a summary of certain provisions of the Facility and is qualified in its entirety by the underlying agreement, which is filed as Exhibit 10.1 hereto and is incorporated into this Current Report on Form 8-K by reference, the Facility, filed on August 10, 2016 as an exhibit to the Companys Quarterly Report on Form 10-Q for the quarter ended June 30, 2016, and the Amendment, filed on November 8, 2017 as an exhibit to the Companys Quarterly Report on Form 10-Q for the quarter ended September 30, 2017.
Item 2.03 | Creation of a Direct Financial Obligation |
The information set forth above under Item 1.01 is incorporated by reference.
Item 9.01 | Financial Statements and Exhibits |
10.1 | Lender Joinder Agreement, dated January 2, 2018, by and among Comerica, Wells Fargo and the Company |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Owl Rock Capital Corporation | ||
By: | /s/ Alan Kirshenbaum | |
Name: | Alan Kirshenbaum | |
Title: | Chief Operating Officer and Chief Financial Officer |
January 3, 2018